QGRD

QGRD Methodology

Index Calculation

The Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) began on September 22, 2009, at a base value of 250.00.  Click here  to learn more.

Eligibility Criteria

To be included in the Index, a security must meet the following criteria (see complete list of index screens by clicking on the Detailed Methodology link below):

• the issuer of the security must be classified as a smart grid, electric infrastructure, EV network, smart building, software, and/or other grid-related activities company according to Clean Edge;
• the security must be listed on an index-eligible global stock exchange approved by the Index Administrator

The component securities are classified as Pure Play or Diversified. Pure Play securities are given a collective weight of 80% and the diversified securities are given a collective weight of 20% in the Index.

• Pure Play (must receive a significant portion of revenue from smart grid and grid infrastructure activities)
• Diversified (must have activities that contribute to broader grid modernization and smart grid market)

QGRD is the world’s first exchange-listed index to track smart grid and electric infrastructure companies. Our goal is to act as a transparent and liquid benchmark for companies active in this sector.

Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) constituents must pass a rigorous screening test:

• Must be listed on eligible exchange
• Must have a minimum float-adjusted worldwide market capitalization of $100 million
• Must have a minimum three-month average daily dollar trading volume of $500 thousand
• Must pass qualitative criteria established by Clean Edge